Heating oil prices spiked by as much as £100 over the weekend

Following the US and Israeli attacks on Iran, the price of oil jumped to 80 US dollars a barrel, with some analysts suggesting it could rise above 100 dollars

The economic impacts of the Iran war are set to be felt across the world, including in UK households

Heating oil prices spiked by as much as £100 over the weekend

Oil prices have seen their biggest weekly increase in six years while experts warn energy bills could rise by 10 per cent in July

Warnings issued that oil and gas production in the Gulf could be halted entirely in the coming days, as commodity prices and stock markets are being hammered